Investor RelationsNews

Issue Price Of New Units Pursuant To The Distribution Reinvestment Plan For The Distribution Period From 1 July 2021 To 31 December 2021

BackMar 01, 2022
Announcement Title Scrip Election/ Distribution/ DRP
Date & Time of Broadcast Mar 1, 2022 19:23
Status Replace
Corporate Action Reference SG220221DVOPQU2Z
Submitted By (Co./ Ind. Name) Shaldine Wang
Designation CEO
Dividend/ Distribution Number Applicable
Value 5
Financial Year End 31/12/2021
Declared Dividend/ Distribution Rate (Per Share/ Unit) GBP 0.028
Dividend/ Distribution Period 01/07/2021 TO 31/12/2021
Number of Days 184
Event Narrative
Narrative Type Narrative Text
Additional Text Further to the announcement dated 21 February 2022 in relation to the application of DRP to the distribution of GBP 2.80 pence per unit ("Unit") for the period from 1 July 2021 to 31 December 2021 (the "Distribution"), the issue price of the new Units to be issued under the DRP in respect of the Distribution is GBP 0.6237 per Unit.
Taxation Conditions The Distribution will be out of tax-exempt income and therefore exempt from Singapore income tax in the hands of all Unitholders.
Additional Text Unitholders who wish to participate in the DRP or receive their Distribution in GBP will have to complete the Notices of Election and send it to the Manager c/o The Central Depository (Pte) Limited at the address(es) indicated on the Notices of Election, such that it is received by 5.00 p.m. on Friday, 18 March 2022.
Additional Text Please refer to the attached.
Event Dates
Record Date and Time 01/03/2022 17:00:00
Ex Date 28/02/2022
Option 1-Cash Payment Details
Election Period 09/03/2022 TO 18/03/2022
Default Option Yes
Option Currency Singapore Dollar
Payment Type Tax Exempted
Gross Rate (Per Share) GBP 0.028
Net Rate (Per Share) GBP 0.028
Pay Date 31/03/2022
Gross Rate Status Actual Rate
Currency Pair SGD/GBP
Option 2-Cash Payment Details
Election Period 09/03/2022 TO 18/03/2022
Default Option No
Option Currency United Kingdom Pound
Payment Type Tax Exempted
Gross Rate (Per Share) GBP 0.028
Net Rate (Per Share) GBP 0.028
Pay Date 31/03/2022
Gross Rate Status Actual Rate
Security Option Details
Election Period 09/03/2022 TO 18/03/2022
New Security ISIN SGXC59097235
New Security Name ELITE COMMERCIAL REIT
Security Not Found No
Fractional Disposition Method Round down fraction to last full unit
Issue/ Reinvestment Price GBP 0.6237
Security Credit Date 31/03/2022

Applicable for REITs/ Business Trusts/ Stapled Securities

Attachments

  1. Attachment 1 (Size: 76,946 bytes)
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